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're less than a month away from massive layoffs and cuts in spending at the pentagon and elsewhere. nancy cordes is on capitol hill. >> reporter: good morning. they call this the sequester and both signs long predicted it could harm the economy if the cuts are allowed to kick in. instead of working together to do something about it they resorted to the blame game a month before the deadline. republicans may be the party of spending cuts but on monday house speaker john boehner insisted the looming sequester was the president's idea. >> the president first proposed this sequester in 2011 and insisted that it be part of the debt limit agreement. >> reporter: unless congress acts the package of cuts worth $1.2 trillion will start to kick in march 1st, taking a $55 billion bite out of this year's defense budget and $27 billion from domestic discretionary spending. according to the congressional budget office more than 1 million jobs are at risk. defense secretary leon panetta had this warning. >> we are going to weaken the united states and make it much more difficult t
to take effect. it will impact virtually every major agency in washington. the pentagon could see roughly half of the reductions and that has republicans upset. >> we're going to begin to unravel the finest military in the history of the world at a time when we need it most. >> reporter: mandatory cuts in domestic spending could also hit americans hard. there could be furloughs of food safety employees, leading to a shortage of meat poultry and eggs and pushing up food prices. 50,000 tsa workers could see their hours cut back that would mean longer security lines for air travelers, and more than 350,000 people who need mental health treatment could be denied. hundreds of thousands of government workers from teachers to federal law enforcement agents are likely to be furloughed. many republicans admit the sequester isn't ideal, but they insist cuts have to be made. >> let me be very clear and i say this to the president as i say it to you, these spending cuts are going to go through on march 1st. >> reporter: the white house warns the cuts would get phased in just a
congress couldn't strike a deal. last year. nearly half the cuts will come from the pentagon which was announced last week. wyatt andrews has that part of the story. >> reporter: tens of thousands of workers just in the shipyards of virginia are at risk of losing their jobs because of the budget cuts. one of them is mike patterson, a pipefitter at bae systems. >> the major concern is the layoffs. when these jobs run out, there won't be any coming in behind them. >> reporter: so when these ships leave, the work runs out? >> the work runs out. >> reporter: the navy's budget cuts of $10.3 billion will fall hardest in the shipyards and involve the cancellation of maintenance and modernizations of 22 warships this year. what does that mean? >> it's catastrophic to our industry, to our employee, and equally as important to the readiness of those ships. >> reporter: clifford says some navy destroyers and cruisers will lose critical upgrades to their weapons systems. >> if we don't do that we are sending a ship out in harm's way that may not be as fit to fight as
late april and september. >> reporter: robert hale the chief's pentagon budget officer says the furlough will save the government $4 billion to $5 billion, but president obama says the cuts should be made elsewhere. >> there's no reason they should be furloughed or laid off. >> president obama is trying to pin the blame for the last-minute budget crisis on congress and with both chambers on recess this week he has the stage here in washington all to himself. >> i'm hoping while they're back home, they're hearing it from their constituents so when they get back here, they're ready to do some work and we can avoid these automatic spending cuts. >> but congressmen back home may not be getting the earful the president's hoping for. while nearly half of the americans want to avoid it less than 40% want to let it happen and some of capitol hill agree with the 40%. >> not only should the sequester stand. many pundits say the sequester falls short. >> if the cuts kick in, that same poll shows more people would blame republicans in congress than the president.
in the words of the secretary of defense, destroys the pentagon. >> reporter: if there's any silver lining in this mess it's that the cuts would phase in gradually so if the two parties could come to agreement in a few weeks or a few months, much of the damage could probably be undone. bill plante, cbs news, the white house. >>> some republican opponen chuck hagel's bid to be defense secretary say they will probably allow his confirmation vote to proceed. hagel's nomination has been put on hold trapped in battle between republican lawmakers and the administration over the attack on the u.s. mission in libya. >>> well you've probably already noticed this but the price of gas has risen 32 straight days. this morning the average price of a gallon of unleaded gas is $3.69. that's up 14 cents from a week ago and 43 cents a gallon from last month. experts say rising oil prices, reductions in cuts are all adding to the dramatic increase. >>> well arkansas law enforcement officials say troubled country sing erminedy mccready has apparently taken her own life. she was found
. it has been happening for the last several months. meanwhile at the pentagon officials are looking at big changes in how they fight cyber terror. bob orr is in washington. >> those attacks on the "new york times" and "wall street journal" are part of a plot to crack critical systems inside of the u.s. cyber detectives traced the computer break-ins at "the new york times" and "wall street journal" to government hackers inside china. chinese deny the allegations calling them not professional and groundless but both papers say there is evidence hackers stole reporters' passwords and attempted to monitor coverage of the chinese government. newspapers are just the latest targets. sources say state-sponsored spies mostly from china every day infiltrate a broad spectrum of government and business networks inside the u.s. >> cyber, i believe, represents as big a threat to the security of this country as any one specific threat. >> reporter: at his confirmation hearing thursday secretary of defense nominee chuck hagel warned computer-based attacks could be crippling
say that means as many as 700,000 of the 800,000 civilians who work for the pentagon. >> this is not a beltway phenomenon. on our civilians it will be catastrophic. >> reporter: civilians like sue ann fallenberg a single mom and administrative assistant at a naval school 3,000 miles away from washington in monterey california. >> i would have to get a part-time job to support my family. >> reporter: she is worryied about the 20% pay cut if she's furloughed or put on involuntary pay one day a week. >> can you reduce the rent for 20%? i can't say that. >> reporter: and it's not just cuts to the pentagon dozens of agencies including the fbi will also have to make difficult choices. >> the fbi would be in the position of having to evaluate where those reductions can come from, and that may impact in the national security arena. >> reporter: the president will continue in coming days to highlight the hardships to individuals and to the public at large if the cuts take place. democrats congressional campaign committee also goes on the offensive today.
. and the funding cuts gethit just one week from today. with the pentagon and other departments already in crisis mode, the white house oannounced thursday the president phoned mitch mcconnell and house speaker john boehner but deliberately avoided saying more. was it simply to restate his position or to reach out to them in the interests of compromise? >> the president spoke with senator mcconnell and the speaker. i have no content to read out to you of those conversations. >> reporter: the two republican leaders pointed out this was the first time the president has reached out to them on the topic of the automatic cuts in two months since the end of 2012. the sequester is set to kick in a week from today will mean $1.2 trillion in across the board cuts. thursday, mr. obama argued to friendly radio hosts that republicans are standing in his way for the wrong reasons. >> their basic view is that nothing is important enough to raise taxes on wealthy individuals or corporations and they would prefer to see these kinds of cuts and that's the thing that binds their party togethe
% of the pentagon's budget but the senate headed home without resolving a dispute over the president's pick to lead the military former republican senator chuck hagel. >> we need a secretary of defense on the job. no one, no one knows, especially in the united states senate what foreign challenge will face this country perhaps within the next ten days. >> reporter: republicans say they still have questions about hagel's foreign policy speeches his income and his qualifications for the job. so in a rare move they filibustered his nomination. >> he is the wrong person at the worst time for the job, this day we can and must do better. >> reporter: republicans say they probably will allow hagel to get confirmed when they come back from recess. democrats say if that's the case, why not just confirm him now? this was supposed to be secretary panetta's last week on the job but j.b. and norah, he says he'll stick around until a new defense secretary is named. >> nancy cordes, thank you so much. >>> double amputee olympian oscar pistorius is denying in "the strongest terms" that
the pentagon, which announced plans last week to reduce its presence in the persian gulf to close the expected budget shortfall. >> we're weeks away from the president's sequester. >> reporter: house republicans have coined the somewhat clunky term "obama-quester" to describe the looming cuts in an attempt to pin the blame on the president. >> i call on the democrats to show us their plan to stop the sequester from going into effect. >> reporter: house republicans passed their own plan last year but the president panned it. >> they made bigger cuts to things like education and job training medicare and social security benefits, that idea is even worse. >> reporter: millionaires just saw their taxes go up two months ago, when they lost their bush era tax cuts and house speaker john boehner has been telling us all week the president got his revenue then. he's not getting any more. ra and j.b. these two sides have to start dealing if they want to avert the deadline which is just two weeks away and congress isn't even in session next week. >> wow, nancy cordes t
Search Results 0 to 9 of about 10